Accenture Luxembourg’s Post

Companies with more mature supply chain networks, leveraging AI and data analytics, see higher profits and shareholder returns. To achieve this maturity, businesses need to invest in four key areas: new technologies, data visibility, talent development, and strong ecosystem partnerships. More infos with the following link 👉https://accntu.re/4fdOPi5 [Image description: The image is of a large, empty space with many glowing neon orange rings hanging from the ceiling. The space is lit with purple and blue neon lights and there is a person walking away from the camera. There are large, white, cubicles in the background. The text "Next stop, next gen: Tap into new value with advanced supply chain capabilities" is in white and superimposed on the image. There is also a white Accenture logo in the upper right corner of the image.]

Companies with more mature supply chain networks, leveraging AI and data analytics, see higher profits and shareholder returns. To achieve this maturity, businesses need to invest in four key areas: new technologies, data visibility, talent development, and strong ecosystem partnerships. More infos with the following link 👉https://accntu.re/3LAzTNh [Image description: The image is of a large, empty space with many glowing neon orange rings hanging from the ceiling. The space is lit with purple and blue neon lights and there is a person walking away from the camera. There are large, white, cubicles in the background. The text "Next stop, next gen: Tap into new value with advanced supply chain capabilities" is in white and superimposed on the image. There is also a white Accenture logo in the upper right corner of the image.]

Digital transformation represented among the largest investments in technology to modernize businesses starting in the early 2000s. But the call for digital transformation really gained popularity after 2011 when Capgemini, in partnership with MIT, officially coined the term, defining it as “the use of technology to radically improve performance or the reach of businesses.” From there, the phrase went viral among practitioners, media, researchers, and executives as it described strategic plans for competitiveness and growth. Read the in-depth piece by Brian Solis in CIO Magazine®: https://lnkd.in/dKtqZ_Kg #digitaltransformation #aiinmanufacturing #industry40

Accenture report reveals that combining behavioral science and AI can double the success of business transformations. Despite 96% of global organizations planning to invest significantly in change initiatives, only a small fraction achieve value from them. The report emphasizes the importance of six key capabilities, including personalized change and data-driven insights. Rolls-Royce’s successful adoption of a digital procurement platform highlights the effectiveness of this approach. Companies embracing continuous reinvention are outperforming competitors, making change management a core competency. https://lnkd.in/gs_dEDf7

As demand to realize efficiencies from AI increase IT officers are feeling pressure from to rush implementations - here are 7 common pitfalls CIO's can avoid when leading initiatives. Accelerate your organization's digital transformation by leveraging a Marcum's transformation experts to conquer the next wave of digital transformation. #Digitaltransformation #BusinessITalignment #AI #AskMarcum #MarcumSearch #MarcumTechnology

Strategic partnerships are no longer just a business advantage—they’re essential for driving innovation and transformation in today’s digital landscape. A recent McKinsey study found that nearly 70% of top-performing companies prioritize developing proprietary assets like AI, data, and software to differentiate themselves, rather than relying solely on off-the-shelf tools. These organizations are 2.5 times more likely to use their technology strategically, giving them a distinct competitive edge. Furthermore, Deloitte’s research highlights that companies leveraging strategic partnerships for digital transformation are not only accelerating their initiatives but also outperforming their peers. Organizations with strong partnership ecosystems show a 77% success rate in full-scale digital implementations, compared to just 64% for those with less integrated approaches. As the demand for advanced capabilities in AI, cloud computing, and data analytics grows, strategic partnerships enable companies to integrate these technologies more effectively, enhance customer experiences, and streamline operations. Industry leaders are adopting a collaborative approach to: 💡 Implement Emerging Technologies Faster: Collaborating with partners enables organizations to leverage AI, machine learning, and automation more efficiently, staying ahead of the curve. 🌐 Expand Market Reach: Strategic alliances help access new markets and customer segments, amplifying business impact through shared resources and expertise. ⚡ Drive Agility and Resilience: Partnerships foster innovation and adaptability, helping businesses navigate digital disruptions and evolve in a rapidly changing environment. Ultimately, the right partnerships don’t just support growth—they fuel agility and create sustainable value, positioning companies to unlock new opportunities and thrive in today’s competitive landscape. #DigitalTransformation #Innovation #StrategicPartnerships #TechLeadership #BusinessGrowth

To get a full inside view on transformation, we surveyed more than 400 global C-suite executives across 14 geographies and 12 industries, representing a combined annual revenue of more than $5 trillion. Here are four insights: ** 3/4 of executives believe market conditions will improve ** 63% of companies consider growth a top priority ** 16% higher revenue growth expected for companies with successful transformations ** 100% of executives plan to use AI Find the full report and findings here: https://owy.mn/3WsJQ6k #transformation #innovation 

I recently read an insightful article on the shift from #digitaltransformation to #businessmodel innovation. it's no longer enough to stay competitive. Instead, businesses must now focus on innovating their business models to create and capture new value. This involves leveraging #digitaltechnologies not just to improve existing processes, but to fundamentally rethink how value is delivered to customers. The successful companies are those that continuously adapt their business models in response to changing market conditions and technological advancements. For instance, it mentions that 70% of executives believe their business models will be more digital in the next three years. Additionally, over 50% of companies are already experimenting with new business models to stay ahead. This perspective resonates with my experience in #digitaltransformation and #sustainability, emphasizing the need for a holistic approach that integrates #technology with innovative #businessstrategies. It's a timely reminder that in our rapidly evolving landscape, agility and innovation are key to long-term success. #digitaltransformation

Sometimes you read an article that reinforces a lot of what you see ‘in the field’ with customers, and this article from ITPro article on a new KPMG report does just that. It states that digital transformation isn't a one-time project anymore – it's a continuous journey of innovation and upgrades, and businesses are all-in. In fact, 90% of large companies are now running multiple transformation programmes simultaneously. Now you might say, tell me something I didn’t know? I’ll respond with two points. Generative AI (and let’s expand that to include modern data platforms) are both the driving force and part of the target state. The second was not really one point, but more the business challenge. KPMG identified five main obstacles hindering digital transformation: insufficient resources, skills, or expertise; resistance to change from stakeholders and employees; conflicting business objectives; inadequate funding or unclear business justification; and lack of stakeholder buy-in. The organisations who are doing well in their digital transformation goals are businesses that are built on cultures of trust and shared values, with 73% reporting high levels of trust in their leadership. Organisational culture and leadership driving the change, setting the vision and bringing everyone along with them is up there with the technology supporting digital transformation. https://lnkd.in/eXQPdwsJ #DigitalTransformation #TechInnovation #ArtificialIntelligence

Uncover the hidden value in unstructured data with #GenAI! 🧠 ETR (Enterprise Technology Research)'s survey of 200 top executives reveals the latest trends, challenges, and investment plans for leveraging unstructured data. Download the report to understand how leaders are prioritizing and planning their #GenerativeAI strategies: https://bit.ly/4dRvSB7